In a case that’s shaking up both crypto and legal circles, the U.S. Department of Justice has charged Iurii Gugnin, CEO of crypto payments company Evita Pay, with laundering a staggering $530 million through Tether (USDT) on behalf of sanctioned Russian banks. Prosecutors allege that Gugnin helped financial institutions in Russia dodge international sanctions by moving large sums of money through a complex network of crypto wallets and shell companies.